The Sarbanes-Oxley (SARBOX) Regulations require
a public company to disclose “material”
costs and liabilities associated with the following
three (3) environmental provisions:
• Costs to comply with all enacted or adopted
• Costs associated with legal proceedings
of enforcement actions or Superfund liability.
• Costs associated with “any known trends,
demands, commitments, events or uncertainties”.
Reporting Takes a 180
Prior to Sarbanes Oxley, Environmental Compliance
was often relegated to a “Don’t Ask,
Don’t Tell” policy. The laws concerning
disclosure made compliance auditing viable to those
operations with confidence in their attorney or
programs. SARBOX made this view of the disclosure
The disclosure rules now put responsibility on management
to accurately report the potential liability of
material issues. This requirement drives companies
to install management systems and processes to insure
all potential environmental issues are addressed
at all facilities.
A company with a repeat violation costing $3000.00
to correct may be in a material reporting situation
if the infraction is identified at 50 locations.
Mannus Corporation has specialized in implementing
management processes to identify, quantify, report,
and correct the environmental liability issues at
government, industrial and commercial facilities.
Comprehensive Solution to Disclosure
The Mannus Compliance System (MCS) combines proven
experience, sound process and environmental expertise
to deliver a justifiable report for Management Disclosure.
• The MCS has been implemented for a large
organization with operations in each of the 50 states.
• Cost effective solutions have been developed.
• The MCS allows Environmental Groups to provide
instant reports to the CEO and the Board of Directors
concerning violations, ranked by frequency of occurrence,
proposed corrective actions and costs summarized
across the entire corporation.
Mannus Corporation approaches each client according
to its individual requirements.
The typical “logical next step” approach
to develop the appropriate supporting documentation
for SARBOX includes:
• Evaluation of Current Process
• SOP Development
• Compliance: EHS
• Data Integration
The flow of services is driven by the initial evaluation
enabling Mannus to determine the best approach to
integrate a solution seamlessly into the organization.
Mannus Corporation has been instrumental in instituting
the MCS process into existing operations. An added
benefit to this program is enhancing the corporate
image and elevating environmental awareness with
Mannus Corporation is the key independent third
party evaluator for companies wishing to comply
with the Sarbanes-Oxley Environmental Requirements.